Company Repurchase Rights. (a) Upon termination of Optionee’s employment for any reason prior to an IPO, the Company will have the right to purchase (the “Call Right”), subject to the provisions of Section 8(b) below, any Shares that Optionee received pursuant to the terms and conditions set forth in Article VI Call Rights of the Stockholders Agreement.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement, Nonqualified Stock Option Agreement (HealthMarkets, Inc.), Nonqualified Stock Option Agreement (HealthMarkets, Inc.)